The Canary Islands, along with the Valencian Community and Andalusia, has become one of the autonomous communities where the prices of bars and restaurants have risen the most in the last year, according to the Consumer Price Index (CPI) data for August that were released this Tuesday.
Specifically, the CPI in the restaurant sector in the Canary Islands has "risen by 7.8%", according to the CPI data. "Thus exceeding the average year-on-year increase in the sector, which stood at 6.4%". Furthermore, the increase in prices in Spanish bars and restaurants in August remained "above 6%", while the trend in general CPI inflation marked "2.6% annually".
The autonomous cities of Ceuta (7%) and Melilla (8.2%) are also among the "most inflationary in restaurant prices". In addition, where "bar and restaurant rates have risen the least" in the last year has been in "Extremadura (5.1%) and Murcia and the Basque Country", where prices have "increased by 5.6%".
It remains, however, below the inflation of the shopping basket, which recorded "10.5% annually", according to data from the INE, processed by Hospitality of Spain.